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Sep 30, 2012
09/12
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we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look at what happened a couple weeks ago in chicago. you have a democratic mayor, rahm emanuel, who is facing a $300 million deficit in the city, who is looking at 80% of the children in the city not operating on grade level in reading or mathematics. where they had the shortest school day and school year of anywhere in the country, and he's finally, uplike many democratic politicians, said enough is enough. i'm not going to give you these raises without-- what the union wanted was lifetime job security and absolutely no accountability. so he said we can't-- we can't continue on that track. and i think for him
we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look...
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Oct 1, 2012
10/12
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KPIX
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we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look at what happened a couple weeks ago in chicago. you have a democratic mayor, rahm emanuel, who is facing a $300 million deficit in the city, who is looking at 80% of the children in the city not operating on grade level in reading or mathematics. where they had the shortest school day and school year of anywhere in the country, and he's finally, uplike many democratic politicians, said enough is enough. i'm not going to give you these raises without-- what the union wanted was lifetime job security and absolutely no accountability. so he said we can't-- we can't continue on that track. and i think for him
we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look...
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Oct 3, 2012
10/12
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FOXNEWS
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can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up bill clinton. president obama, when bill clinton left office he balanced the budget, cut social programs the unemployment number was low. urn your watch, the opposite happened. we have seen the budget been busted. so how are you like bill clinton? that is a tough question for him to answer. if it's me, i ask him, listen, i release my taxes. you have yet to release academic records, the white house records, see what he says. that would be tougher to answer. >> bob: for eight years we were all in a coma. curious. >> kimberly: bob is out of order. we're bring you back in "e" block. >> bob: clinton to obama. >> kimberly: guess wh
can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up...
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Sep 30, 2012
09/12
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FOXNEWSW
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. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the biggest deficit in american history? >> it wasn't the biggest and he didn't inherit it. world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830
. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the...
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Sep 27, 2012
09/12
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FOXNEWS
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they don't have a deficit reduction plan. they have a deficit expansion plan. [cheers and applause] >> reporter: now, this morning governor romney jumped on those new gdp figures, said it reinforces his charge that this country cannot afford another four years of president obama and that his five-point plan for the economy and jobs is the right prescription for this country. this is what he said. >> those five things i describe will get america's economy going again, will help people find jobs that need those jobs, will get take-home pay to come up again. this is not a mystery. we know how to do it, america has faced challenges before. when we have strong leaders, when we have people who know how to lead and where to get it -- we can get it done. and i am and we will. >> reporter: governor romney looking more toward the future and what this country would be like under a romney administration, making this as much about a choice as it has been so far about a referendum on the president. jon? jon: we are less than a week away, though, from the first presidential d
they don't have a deficit reduction plan. they have a deficit expansion plan. [cheers and applause] >> reporter: now, this morning governor romney jumped on those new gdp figures, said it reinforces his charge that this country cannot afford another four years of president obama and that his five-point plan for the economy and jobs is the right prescription for this country. this is what he said. >> those five things i describe will get america's economy going again, will help...
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Sep 30, 2012
09/12
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world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion spending. >> february 2009 that president obama doesn't want to take any credit for but it passed six months. >> he signed it into law. the stimulus was huge. he signed a spending bill shortly before in the spring of 2009. but even in the beginning of 2009 where he wants to throw it on all on president bush. this is when president obama was in senate. he voted for tarp. he had voted for the budget resolution that year. so he really has a hand in all of this spending. saw in that graph the big spike was in that year. >> let's take a look at spending numbers. spending tra
world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion...
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Sep 29, 2012
09/12
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CNN
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more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this week -- has not been kind to the republican candidate as polls have shown him falling behind the president. but he is not showing any change in confidence. >> i've got a little secret here and that is that obama campaign thinks that pennsylvania is in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania. we're going to take the white house. >> he's going to have to overcome a big deficit to do it, but people do like a comeback kid. max, jen, the obama campaign press secretary. two very different problems. one, you don't want to get complacent
more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this...
SFGTV2: San Francisco Government Television
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Sep 29, 2012
09/12
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SFGTV2
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our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was excess. because the money flows in in a regular amounts, when money is good, everybody feels good. when $14 billion came in, they thought they were king of the mountain and spend it. arnold came in to clean it up. a couple years later, he left town and $26 billion this year. this has been the nature for the last decade, kicking the can down the road. not talking straight. the way it is. the way it is, it is a tale of two cities. there is fabulous wealth and link electronics, inc. model number: pdr-885 software version: 3.0c in some places it would be food or shelter or lov
our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was...
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Oct 1, 2012
10/12
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CNBC
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, indirectly, they're selling the deficits to the banks and the fed's buying it from the banks. this is a bit like argentina, it's a bit like latin america. is there an inflationary bubble coming? >> i don't think so and here's the bottom line, we can't get industry, the manufacturers, the folks that want to borrow this money, we can't get them to take on projects. i do think the politicalization of wall street right now, the ceos don't want to invest because they don't know about the tax cuts. but we have trillions of dollars that is ready to get into money flow. we need the money to get higher velocity and they're not doing it because they can't get a return on their investment. >> what's romney going to stay in the debate tomorrow to really articulate -- >> he's not going to be able to say those trillions can -- >> here's what romney said, to the extent that there's been any recovery at all, to the extent that there's been any economy growth at all, it's been -- whatever we have had has been completely funded -- remember what obama said, i'm going to build a new foundation. i
, indirectly, they're selling the deficits to the banks and the fed's buying it from the banks. this is a bit like argentina, it's a bit like latin america. is there an inflationary bubble coming? >> i don't think so and here's the bottom line, we can't get industry, the manufacturers, the folks that want to borrow this money, we can't get them to take on projects. i do think the politicalization of wall street right now, the ceos don't want to invest because they don't know about the tax...
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Oct 3, 2012
10/12
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MSNBCW
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we have seen a trade deficit explode. take auto parts. ten years ago, the trade deficit was $1 billion with china on auto parts. today it's $10 billion. that's why the president at the urging of a number of us, they have taken china to the world trade organization to show china is cheating and to ask for tariffs to protect american companies and to protect american workers. and we're seeing a pattern of the government finally on the side of workers, finally on the side of american manufacturing, standing up for american workers against china. we have a new steel mill. we're seeing jobs actually come to this country or stay in this country because we're standing up and enforcing trade rules. >> romney and the republicans keep talking about another tax cut for the job creators. don't we just see them increasing their profits by outsourcing this way? i mean, the model that romney wants to lay on the country, how could it be good for workers in ohio? >> well, it's not. we tried these tax cuts for the rich. hoping it trickles down to the middl
we have seen a trade deficit explode. take auto parts. ten years ago, the trade deficit was $1 billion with china on auto parts. today it's $10 billion. that's why the president at the urging of a number of us, they have taken china to the world trade organization to show china is cheating and to ask for tariffs to protect american companies and to protect american workers. and we're seeing a pattern of the government finally on the side of workers, finally on the side of american...
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Oct 1, 2012
10/12
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>> by responsibly dealing with these deficits and leaving money to invest. education, research and development. >> those aren't specific proposals. i'm asking -- >> 100,000 new math and science teachers. we need that. >> that's a goal, right? >> educating training 2 million new workers in our community colleges in conjunction with business to fill jobs that are open right now. boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and i believe they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> the verdict will be rendered november 6. megyn: joining me now mark hannah, former aid to john kerry and barack obama. kevin, your chots on that exchange? >> that was a revealing look inside the best talking points that president obama has by his top spokesperson on the campaign frame beside himself. if you can't get more prekay tough than education, green energy, resea
>> by responsibly dealing with these deficits and leaving money to invest. education, research and development. >> those aren't specific proposals. i'm asking -- >> 100,000 new math and science teachers. we need that. >> that's a goal, right? >> educating training 2 million new workers in our community colleges in conjunction with business to fill jobs that are open right now. boosting american manufacturing by ending the tax break that sends jobs overseas and...
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Oct 2, 2012
10/12
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FOXNEWSW
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emphasizing the debt and the deficit is very important for a candidate to appeal to independents. mitt romney during the presidential primary here that he won convincingly eve emphasized that a great deal and i think that helped him with indianas. we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john mccain beat george bush here by 20 minutes in that prime rare re. bush retooled his message and barely won new hampshire by talking about the debt and the deficit. gregg: kevin in 2010 the last election there, if i understand it, if i recall correctly i think republicans won almost every office, but that doesn't mean it's going to happen that way this year, the pendulum could begin to swing in the other direction? >> that's correct. we had the largest republican sweep for a legislature of any state in the country in 2010. four years earlier in 2006 the democrats took control of the legislat
emphasizing the debt and the deficit is very important for a candidate to appeal to independents. mitt romney during the presidential primary here that he won convincingly eve emphasized that a great deal and i think that helped him with indianas. we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john...
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Oct 3, 2012
10/12
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CSPAN2
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not about deficit reduction. it is all about tax cuts, but more than any of that, it is about a political philosophy. let's turn over medicare to the private sector. that takes us back before 1965 when the issues at stake, the inability of seniors to afford health care and the inability of their family to provide cost of health care, that is not the direction. not the direction that we need to go in with medicare. it does not need to be privatized. we are not going to let it happen. i would like to introduce now my cochair, congressman george miller. >> thank you very much. i want to thank everyone for attending this morning. the information conveyed by the personal witnesses and by the experts was simply a devastating message to current retirees on the thousands of dollars that they will now have to come up with as they continue to use medicare in the future. a program that they pay their entire working life for in order to have those benefits. the romney-ryan budget now changes that contract and they will not b
not about deficit reduction. it is all about tax cuts, but more than any of that, it is about a political philosophy. let's turn over medicare to the private sector. that takes us back before 1965 when the issues at stake, the inability of seniors to afford health care and the inability of their family to provide cost of health care, that is not the direction. not the direction that we need to go in with medicare. it does not need to be privatized. we are not going to let it happen. i would...
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Oct 3, 2012
10/12
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MSNBC
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the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and the final point i would make is i think the important thing for this election is that braump has a 52 positive, 42 negative image. mitt romney has a negative image. only two have had a net negative image at this point and one of them loss, george h.w. bush and romney needs to improve that dynamic. >> democratic pollster. thank you very much to both of you. we have to get back in the field. let's keep poling. just two days away from friday's jobs report. we will get a quick preview on wall street on the market run down. and then we are taking a tr
the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and...
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Sep 27, 2012
09/12
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over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a fat guy tweaking. >> do we even know what kind of dog? >> dana: i don't really -- >> eric: talk walking down the street -- >> greg: who speaks for eaten dog. >> bob: good example of -- do go ahead. >> eric: to give you an example. okay. so -- [over talking ] under president obama whic thiss what we have gotten. $100, economic activity. it cost us $3 trillion. $300 in debt. but to get $300 in debt, you have to spend $700. you have to spend $700 to get the $100 economic activity under president obama. >> kimberly: don't give that to bob. >> eric: give me a
over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a...
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Oct 3, 2012
10/12
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MSNBC
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will show up and demand romney start providing details about, you want to cut taxes for everybody, deficit neutral, you say you'll deal with deductions and loopholes so let's talk about which deductions and loopholes. it's standard for the opponent to do that. is jim lehrer going to be there demanding and pressing for specific answers from romney that romney has refused to give in this campaign for obvious reasons because they would be politically poisonous if he gets into them. >> will jim lehrer hope the other guy will do it or will he see it as his primary responsibility as moderator because it's a free format. once you get two minutes each of these guys, it's up to somebody to say, okay, do it now, here's your time. i'll give you all the time you want. tell me how you're going to cut taxes. >> i think jim lehrer will press on this. i think he'll say what loopholes are you going to close? what tax benefits are you going to take away in? what cuts are you going to make in thing like pell grants. i don't know exactly how he will do it but i think he'll press on that. he prides himself on
will show up and demand romney start providing details about, you want to cut taxes for everybody, deficit neutral, you say you'll deal with deductions and loopholes so let's talk about which deductions and loopholes. it's standard for the opponent to do that. is jim lehrer going to be there demanding and pressing for specific answers from romney that romney has refused to give in this campaign for obvious reasons because they would be politically poisonous if he gets into them. >> will...
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Oct 1, 2012
10/12
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FOXNEWS
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romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well, but based on what has happened the last couple of weeks, i guess governor romney and his team think we have an opportunity here, why not seize it? >>guest: absolutely. we saw the op-ed today from romney. that's a point of weakness for obama at this point. so the romney campaign will go after that. foreign policy will be a big issue with only a little over a month to go. >>shepard: thank you, great to see you. >> administration folks are trying to figure out how the deadly attacks in benghazi occurred. a suicide bombing in afghanistan pushes the american casualty count beyond a g
romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well,...
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Oct 1, 2012
10/12
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MSNBC
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he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war. that's a mistake. and so i think we need to cut trillions of dollars in order to get our budget balanced. and you could start with cutting two or three or 4% almost across the board some of the things that other governors have done, by i think you target it in those areas where the spending has not produced tangible results in the quality of life for the people. i can just tell you, andrea, i did it in virginia, governors like christie and scott and kasic and walker have done it in all of their states, mitt romney did it when he was governor of massachusetts, $3.5 billion defic
he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war....
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Oct 1, 2012
10/12
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folks in arapahoe county county there are concerns long-term and concerns about the national debt and deficit. concerns about jobs specifically in colorado. if you look at the markets, from the time the president got in office until now, you can see the chart that we have. it just scales up and up an up. the administration also has a couple of positives in the housing. seeing positive sign in recent week and month. out thing private sector employment growing. they are but on the negative side. you have this list of stories that they're dealing with. the libya fall-out. the new stuff about fast and furious that william la jeunesse had tonight. you had the slow g.d.p. growth and revision down to 1.3. continued unemployment. the afghanistan policy questions i'm ran threat. then the u.s. -israel relationship. these are constant stories. what about the back and forth and putting it all in perspective? >> on friday, there will be another jobs report that isn't good enough. i don't think we will see change in the jobless picture either this friday or friday november 2. before the election. i think p
folks in arapahoe county county there are concerns long-term and concerns about the national debt and deficit. concerns about jobs specifically in colorado. if you look at the markets, from the time the president got in office until now, you can see the chart that we have. it just scales up and up an up. the administration also has a couple of positives in the housing. seeing positive sign in recent week and month. out thing private sector employment growing. they are but on the negative side....
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Sep 25, 2012
09/12
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CSPAN
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higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the highest rate. it is a five alarm fire at the way to address that is to increase taxes. >> i wanted to have a follow-up. i heard the interview last night, playing upper income and middle and come. -- income. they would not see their taxes changed overall. he talked about loopholes but did not go into specifics. help us understand what the dividing line is between middle income and upper income in his mind. >> i am not a psychic, it is not a conversation i have had. it is definitely where you draw the line between upper and middle in
higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the...
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the purpose of cutting taxes now is not to incur a budget deficit but to achieve a more prosperous expanding economy which can bring a budget surplus. could you have said it any better? >> no, i could not. the other thing kennedy said a rising tide lifts all boats. in other words he was getting away from the class warfare stuff. the class warfare thing makes a lot of sense politically but only politically. i don't think, obama knows this because he was asked this question back in 2008 and he understood sometimes you jack up the tax rate you get less and sometimes you bring it down and you get more but, his goal obviously is not to get more revenue for the government. it is to get more votes for himself by painting the republican as defenders of e rich while he is the champion of the middle class and the poor. david: well in 1980, as you well remember they tried the same thing against ronald reagan. in fact even some republican like george herbert walker bush called it voodoo economics this idea. the american public didn't like it. we like the notion of lower tax rates across the board for ev
the purpose of cutting taxes now is not to incur a budget deficit but to achieve a more prosperous expanding economy which can bring a budget surplus. could you have said it any better? >> no, i could not. the other thing kennedy said a rising tide lifts all boats. in other words he was getting away from the class warfare stuff. the class warfare thing makes a lot of sense politically but only politically. i don't think, obama knows this because he was asked this question back in 2008 and...
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than you produce, but trade deficit was not a great concern, but over time with the deficit, that's going -- you'll pay for that one way or another. in the current campaign, one of the commercials broadcast in some of the battleground states like this area is the china commercial, mitt romney accusing president obama of allowing the chinese to cheat as it were, and that manufacturing jobs for the first time, more manufacturing jobs in china and the obama administration's responding. is that a fair fight? is that a fair issue? >> guest: you know, china has to live up to its obligations under the world trade organization like anyone else, but, you know, here we in the mall, washington monument there, white house there, constitution avenue. when you see the chinese feeling what really is of value, it's hiding in plain sight, the declaration of independence and the bill of rights, then you should start to worry, but if they cheat here and there, they take the next thing we produce because we have that incredible foundation here of rule of law, protection of property, and a wonderful soc
than you produce, but trade deficit was not a great concern, but over time with the deficit, that's going -- you'll pay for that one way or another. in the current campaign, one of the commercials broadcast in some of the battleground states like this area is the china commercial, mitt romney accusing president obama of allowing the chinese to cheat as it were, and that manufacturing jobs for the first time, more manufacturing jobs in china and the obama administration's responding. is that a...
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Sep 25, 2012
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. >> making government smaller, don't build these massive deficits that pass debt onto our kids. rebuild the foundation of america's strength with great homes, great schools, with entrepreneurship and innovation. >> there's no bigger purpose right now than making sure that if people work hard in this country, they can get ahead. that's the central american idea. that's how we sent a man to the moon, because there was an economy that worked for everybody and that allowed us to do that. >> great homes. >> maybe we can build a bunch of homes with elevators -- >> mcmansions. let me ask you, bobby shrum, what would you -- i'd ask him what government agencies or departments -- you say you're going to make it smaller -- would you get rid of? >> that's tough. he's there and got a pretty honed answer that appeals at a kind of general level to people's anti-government impulse but we know when you look at the polls that if you ask them about medicare, the department of education, social security, environmental protection -- >> energy. >> there's huge support for all of these. i suspect that
. >> making government smaller, don't build these massive deficits that pass debt onto our kids. rebuild the foundation of america's strength with great homes, great schools, with entrepreneurship and innovation. >> there's no bigger purpose right now than making sure that if people work hard in this country, they can get ahead. that's the central american idea. that's how we sent a man to the moon, because there was an economy that worked for everybody and that allowed us to do...
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if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their ow
if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the...
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Sep 27, 2012
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>> do you want four more years of trillion dollar deficits? [no!] >> 13 tkreut cal electoral votes in that state. 270 needed to win the white house. john roberts is live in springfield, virginia. what is governor romney doing there today. >> easy peering at the american legion hall talking to veterans and get the support of 42 medal of horn recipients and he'll talking about the effect of looming sequestration and defense cuts in virginia. the military is all across this air, in the washington area and no fork area. it is estimated that the sequestration defense cuts could result in the loss of as many as 65,000 jobs in small businesses related to the defense industry. this election campaign continues to be all about ohio and the jobs. governor romney is saying he is the one best positioned to help out the middle class, obama hammering romney for a lack of detail in his economic and tax plan, have a listen. >> no matter how many times they try to tell you they are going to start talking specifics really soon, they don't do it. and the reason is beca
>> do you want four more years of trillion dollar deficits? [no!] >> 13 tkreut cal electoral votes in that state. 270 needed to win the white house. john roberts is live in springfield, virginia. what is governor romney doing there today. >> easy peering at the american legion hall talking to veterans and get the support of 42 medal of horn recipients and he'll talking about the effect of looming sequestration and defense cuts in virginia. the military is all across this air,...
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Sep 26, 2012
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. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we took emergency actions. that accounts for 10% of this increase in the deficit. >> now the economy is front and center one week from tonight at the first presidential debate. two days later the president gets a september jobs report. interesting a moment ago he told the crowd he wants to export more jobs. quickly correcting himself and said he wants to export more products and joked i was channeling my opponent there. bret? >> bret: standing next to carl are you? it looks like carl's backdrop. ed henry -- >> very similar. >> bret: thank you very much. now to the international news. close circuit video o
. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we...
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Oct 3, 2012
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mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of different details of that proposal but i would also say that limiting deductions to $17,000 for middle-class families still results in a tax increase. even in just the health premium deduction, for families last year, were about $15,000. there you go. what happens to the mortgage deduction, charitable deduction, child deduction. he's raising taxes on middle class families. >> if this comes up and mitt romney starts to do that math that paul ryan wouldn't do, i'm sure this will be a topic of discussion. >> how worried are you about the jobs report on friday? >> we face this ev
mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of...
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it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of these moments -- and every time he's had one of these moments, not only has he failed to capitalize on them, in fact, he's fallen further behind. i don't think mitt romney is up to the task of turning this thing around and i don't think there are enough undecided voters left. >> bob, he's still digging in, feeling he could win white working-class voters in ohio on this welfare claim. he's sticking to his guns on the claim that the president wants to roll back work requirements for welfare even though politofact take a look at what he says. >> any time there's anything that has been amiss, we corr
it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of...